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Dec 4, 2013
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." one way to get the 2016 rumor mill going is promising you're not running for president. elizabeth warren said i pledge to serve out my term. i'm not running for president. margaret carlson, anna navaro, and gloria borger. i believe he went back on the show he announced it and said he was reconsidering. >> the did use the word pledge. and she did sign a letter with the other women, democratic senators urging hillary clinton to run. today he used the word pledge, and i think that's a hard thing to get out of. should hillary clinton decide not to run, there is a large opening, people want a woman -- i think pledge is tough to go back on. >> hillary clinton is second after vice president biden. a lot of people have never heard of her. why do people like her? >> she said that financial melt down there was a culprit and they had to pay. there was 100 pictures of her on that cover, and we knew she was becoming famous, but there is that element wher
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." one way to get the 2016 rumor mill going is promising you're not running for president. elizabeth warren said i pledge to serve out my term. i'm not running for president. margaret carlson, anna navaro, and gloria borger. i believe he went back on the show he announced it and said he was reconsidering. >> the did use the word pledge. and she did sign a letter with...
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Dec 4, 2013
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>>alez, or abc 7 president obama is taking a break from promoting health care and focusing on the economy. the president is calling on congress to increase the minimum wage. he argues growing income inequality and stagnant wages threaten upward mobility and retirement security. >> i believe this is the defining challenge of our time, making sure our economy works for every working american. ran for president, the center of last year's campaign, to drive everything i do in this office. >> we will have highlights and reaction tonight at 5:00. >> the health care law is getting a grilling on capitol hill. there is a live look there. partners atur news politico have learned that 29,000 people signed up on healthcare.gov signed up on sunday. that's more than the entire several october. intersections closed because of a gas leak in tysons cner. the gas line broke near cambridge road. drivers are being asked to avoid that area. the judiciary and public safety committee holding a hearing. they are focusing on the vacancies in paramedics and fire in umass. they will also look at a scathing audit. t
>>alez, or abc 7 president obama is taking a break from promoting health care and focusing on the economy. the president is calling on congress to increase the minimum wage. he argues growing income inequality and stagnant wages threaten upward mobility and retirement security. >> i believe this is the defining challenge of our time, making sure our economy works for every working american. ran for president, the center of last year's campaign, to drive everything i do in this...
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all of the things that we are not doing for our economy. the missing stimulus money, where is all about? the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change. >> i think that the preponderance of evidence is that income is at the top half versus everyone else over the last two decades. whether that's a problem or not, it is completely unclear when you actually read all of the research that is done on it. and the other point i would make is that within the bottom 80%, the vast majority of the american population, income inequality has grown since the 1980s and in a lot of ways, that is the part that maybe we would be worried about. >> let's talk about one thing that has changed. after the 50s and 60s, when we ha
all of the things that we are not doing for our economy. the missing stimulus money, where is all about? the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change....
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Dec 7, 2013
12/13
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but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay.
but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay.
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Dec 7, 2013
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." >>> a possible tipping point for the economy. 203,000 jobs created last month. but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a living wage, $15 an hour. they are not alone in their call for better pay. >> we know there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty. >> the president has called for raising the minimum wage to $9 an hour. he also supports a bill in congress to raise it to $10.10 but fast foods workers say $15 an hour the living wage they need. the question, a living wage, who pies? could raising the minimum wage ultimately hurt the very worker rs it's meant to help? it's all in the eye of the beholder. f
." >>> a possible tipping point for the economy. 203,000 jobs created last month. but as low-wage workers take to the streets it looking more like one america with two economies. i'm christine romans. this is "your money." america on track to create nearby 2.3 million jobs this year. but the quality of those jobs could spark the beginning of a 21st century labor movement. fast food workers protesting in 100 cities across the country this week. they're calling for a...
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Dec 8, 2013
12/13
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so democrats are not immune to challenges in that part of the electorate especially as the economy has struggled. ron brownstein, appreciate it. >> a heartfelt good-bye to actor paul walker. fans are gathering to honor him. we'll take you to his special tribute. my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these, stop taking chantix and see your doctor right away as some can
so democrats are not immune to challenges in that part of the electorate especially as the economy has struggled. ron brownstein, appreciate it. >> a heartfelt good-bye to actor paul walker. fans are gathering to honor him. we'll take you to his special tribute. my name is mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. [ mike ] when...
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Dec 4, 2013
12/13
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WUSA
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>>> stocks were lower and investors are worried that a pair of better than expected reports on the economy will mean the federal reserve will start pulling back the stimulus program. >>> happy van winkle sells just 7,000 cases of the bourbon. made even more rare by the recent theft around $26,000. >>> as the search for the thief continues. >> be able to -- it is an inside job. >> the sheriff isn't buying this was all a publicity stunt. >> i was going to post a photo on facebook. >> it's one of her explaining she's teaching students how quickly a photo can beseen by
>>> stocks were lower and investors are worried that a pair of better than expected reports on the economy will mean the federal reserve will start pulling back the stimulus program. >>> happy van winkle sells just 7,000 cases of the bourbon. made even more rare by the recent theft around $26,000. >>> as the search for the thief continues. >> be able to -- it is an inside job. >> the sheriff isn't buying this was all a publicity stunt. >> i was going...
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Dec 10, 2013
12/13
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KQEH
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. >> what really matters to this company is that the economy has to do well. the economy is going to do a little better in 2014 and 15. >> they say it came off of a stronger earnings, but the bears are demanding that it cut costs, plus, gold is slower than usual, as for taradatter, there are concerns, the analysts are a bit cautious this year, wondering whether the economy will be strong enough to turn them into darlings in 2014. >>> and cisco will buy its rival, u.s. foods, creating a giant. we begin the focus there. after a $3 and a half billion deal is final, cisco expects annual sales to grow about $6 billion. the company will have a quarter of the food distribution market in the u.s. and u.s. foods will take a 13% stake in the company. shares were trading at an all-time high today, up more than $37. >>> and package food company white way is buying private earth bound farms for $600 million, white way is the parent of dairy brands like silk and organic, they're the largest produce brand in north american, shares of white way grew to $22.92. >>> and mcdonal
. >> what really matters to this company is that the economy has to do well. the economy is going to do a little better in 2014 and 15. >> they say it came off of a stronger earnings, but the bears are demanding that it cut costs, plus, gold is slower than usual, as for taradatter, there are concerns, the analysts are a bit cautious this year, wondering whether the economy will be strong enough to turn them into darlings in 2014. >>> and cisco will buy its rival, u.s....
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Dec 6, 2013
12/13
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economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪ >>> in south africa and around the world people are k looking at the legacy of nelson mandela. meanwhile funeral plans are ama and the first lady will be there to pay their respects. here are some of the details of what is to come. on tuesday decemb10th an official public memorial will be held in johannesberg. his body will lay in state for three days. the memorial's culminate with a state funeral. finally, mandela will be buried on sunday december 15th. >> reporter: tributes are being paid and prayers made for the icon. and now the world can officially say good-bye to nelsonela on december 10th which will be the official memorial service. and then for the following three days his remains will lay in state. but before then south africans will have a chance to remember the man who change lives forever. >> we have declared the 8th of december as a national day of pr
economy, a new report reveals the job picture is rienthing and unmroement is falling. a severe wind and ice storm is moving east. hundreds of thousands are without power, and travel problems are building. ♪ >>> in south africa and around the world people are k looking at the legacy of nelson mandela. meanwhile funeral plans are ama and the first lady will be there to pay their respects. here are some of the details of what is to come. on tuesday decemb10th an official public memorial...
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it is credible that the economy is doing better. in that case you are not so worried about the fed making a mistake and tapering toussaint. lou: tapering toussaint, as if we knew what time they should begin their tapered. whatever the decision made by the fed, which meets in the middle of the month, what is it, the 19th? >> i believe the 18th and 19th. lou: whatever decision they make right now, that the move in this one person rally suggests investors are prepared to take their medicine, let them take away the punch bowl, however you want to construct it. >> at this point it may have been discussing tapering for over half a year. the markets have pretty much built in right now. the big issue, are we going to be able to live without so much stimulus. the data suggests that we are. lou: the stimulus and the economy and the markets. as a result of the fed pulling back on cue eat whenever the number may be, what is your judgment on the way that we are going to go into 2014 and now we're going to end u both in the markets and economy? >
it is credible that the economy is doing better. in that case you are not so worried about the fed making a mistake and tapering toussaint. lou: tapering toussaint, as if we knew what time they should begin their tapered. whatever the decision made by the fed, which meets in the middle of the month, what is it, the 19th? >> i believe the 18th and 19th. lou: whatever decision they make right now, that the move in this one person rally suggests investors are prepared to take their medicine,...
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Dec 6, 2013
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economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i mean, i think -- >> it was somewhere in between. >> you're talking to somebody who continued embracing marxist policies -- >> but many people thought the country was going to go all the way down, but that didn't happen. and it didn't happen that -- the social needs versus the free market. >> well, you see, i think he came to learn that it's not about balancing the free market versus social needs, that they often converge. >> he said he had to balance the fears of the white population versus the hopes of the black populatio
economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i...
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Dec 5, 2013
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economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country, from new york city to new orleans, to oakland, trying to pressure employers into paying a livable wage of $15 an hour. now they've got a powerful ally on their side, president obama. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off and are still living at or barely above poverty. that's why it's well past the time to raise a minimum wage. >> but t
economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country,...
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Dec 7, 2013
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their economy contracted by more than 58% last year. and it is precisely because of the international sanctions and the coalition that we were able to build internationally that the iranian people responded by saying we need a new direction in how we interact with the international community and how we deal with the sanctions regime. that's what brought president rouhani to power. he was not necessarily the first choice of the hard liners inside of iran. now, that doesn't mean that we should trust him or anybody else inside of iran. this it is a regime that came to power swearing opposition to the united states, to israel, and to many of the values that we hold dear. but what i've consistently said is even as i don't take any options off the table, what we do have to test is the possibility that we can resolve this issue diplomatically. and that is the deal that at the first stages we have been able to get done in geneva, thanks to some extraordinary work by john kerry and his counterparts in the p5-plus-1. so let's look exactly what we
their economy contracted by more than 58% last year. and it is precisely because of the international sanctions and the coalition that we were able to build internationally that the iranian people responded by saying we need a new direction in how we interact with the international community and how we deal with the sanctions regime. that's what brought president rouhani to power. he was not necessarily the first choice of the hard liners inside of iran. now, that doesn't mean that we should...
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Dec 5, 2013
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is the better cure to improve the economy in general. you have to remember in the past 20 years or so. we hiked the minimum wage ten times federally. and since 1956 it was done five times. and we looked at businesses. i immediately looked at 15 year stock charts. i picked mcdonalds. and we look at stocks and how they perform. they inform people at minimum wages and both of their stocks hit all- time highs and that is since they were publicly traded since the 80s. and minimum wage hurts people. people say costs go up and the prices get more expensive. and the dollar menu goes away. and then the supporters. believe it or not costco was supportive of raising minimum wage but not to $15. >> it is a bug jump from $8 to faep. >> and especially for the small business. >> john boehner was talking about it this woke. he believes what? if you raise the unemployment minum wage. >> you get less jobs and fewer jobs, exactly. and that has been more of a conservative view point. but there are conservatives, and the state of new jersey run by chris chri
is the better cure to improve the economy in general. you have to remember in the past 20 years or so. we hiked the minimum wage ten times federally. and since 1956 it was done five times. and we looked at businesses. i immediately looked at 15 year stock charts. i picked mcdonalds. and we look at stocks and how they perform. they inform people at minimum wages and both of their stocks hit all- time highs and that is since they were publicly traded since the 80s. and minimum wage hurts people....
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Dec 4, 2013
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but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm. lost about $1.3 billion on chrysler. ford never took the bailout. be very clear. ford never took the bailout, it was in a better position at the beginning of the financial crisis. but the u.s. taxpayer lost money on those two bailouts of chrysler and gm. but let's be clear. they could have lost a lot more. so there is what they have lost, that is just gm, but a lot of people say, wow, that ended up being a pretty good investment. gm since 2010 has invested $8.8 billion of either own money into 34 facilities and saved or created 25,000 jobs they say. and you have basically the a
but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm....
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Dec 6, 2013
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thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's this christmas season. what a gift to give. even just one thing could help create thousands of new jobs right here at home. you are signing up to give american workers a merry christmas, and abc's anchor david muir, captain of the team with us tonight. >> diane, we have reported on clothing right here, asking the simple question is anything made here in america any more. well, tonight not only are these jeans made here, this number right here is about to reveal everything. right down to the farmer, who grew the cotton. this week, our kickoff, made in america december to
thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's...
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Dec 9, 2013
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is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the question as to whether even if the health care law seems to be working pretty well and even if the economy comes back, whether this sense of him as a weak president or somebody who was too detached has taken hold and it does divorce him from the forces that are changing the economy. >> fred, when you look at 2014, i know that it's easy to say it's going to be a bad year for the democrats because of health care and the president's job rating. you have this recovering economy. i assume that benefits all incumbent governors first. does it help democrats? >> yes, i do. i t
is it the improving economy or is he divorced from the economy? >> it's really an important question because as susan said, it is difficult to really bounce back. if the economy does improve, that will help. no question about that. one of the things we have seen in public opinion over the last 60 days really is that this kind of base he had beneath him which is that people thought he was an honest president or a strong leader, some of that eroded significantly and i think that's the...
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Dec 8, 2013
12/13
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only ford gives you ecoboost fuel economy and a whole lot more. go further. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. >>> the trial for the newly wed bride tried for pushing her husband to his death beginning tomorrow. she is charged with pushing her husband off a cliff in july. graham is charged with murder. jury selection begins tomorrow. wendy murphy is also a law professor in boston. graham says the couple got into an argument while off the park. he went over a cliff. so the defense says it as self defense. what should they decide >> and finally she said i pushed him with both hands from behind. that is an easy case. the tough part from the prosecution here is shoe she looked like. she looked like the girl next door. they are going to be hard pressed to say that a seemingly nice woman could be so evil. >> look, th
only ford gives you ecoboost fuel economy and a whole lot more. go further. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. >>> the trial for the newly wed bride tried for pushing her husband to his death beginning tomorrow. she is charged with...
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Dec 4, 2013
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good news in the real economy could make the fed
good news in the real economy could make the fed
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Dec 6, 2013
12/13
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CNBC
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it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with michael. i think the numbers have been improving all week nothing but good numbers here and starting out with the key 3 gdp, inventory bills. >> strengthening. record auto sales in november, the jobs numbers are very good here today, housing retail, everything looks good and we've been saying all along we think we're going to be tapering into strength and the market is going to see through that. i think we're using 120 next year for s&p earnings, still high relative to the street, but i think people are starting to see that as a real possibility and stocks are trading at 15 times next year relative to everything else you have
it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with...
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Dec 9, 2013
12/13
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tide pods. pop in. stand out. >>> hey. sit. fin was my bomb dog. i asked if i would be able to get my dog. he said we'll get you your dog. it's great having a dog that i went through so much with. as a pet, he just grew into the life of watching tv. i am going to meet with the executive director and president of operation finally home, organization i'm trying to have build a house for me. >> we're good to go. >> it's definitely a little nerve racking. >> good morning. >> how you doing, buddy? good to see you. >> hi, ken. dan wallrath. >> nice to meet you. >> you know, what you've done is just amazing, you and fynn. we want you to know your sacrifice has not gone unnoticed and we appreciate you very much. >> thank you. i appreciate that. that does really mean a lot. >> everybody's situation is different. so we don't have a set of hard and fast ru
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. pop in the drum of any machine... ♪ ...to wash any size load. it dissolves in any temperature, even cold. tide pods. pop in. stand out. >>> hey. sit. fin was my bomb dog. i asked if i would be able to get my dog. he said we'll get you your dog. it's great having a dog that i went through so much with. as a pet, he just grew into the life of watching tv. i am going...
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Dec 6, 2013
12/13
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KTVU
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. >>> economists expected to show the economy is starting to move ahead again. survey shows many believe that the report will say employers added 180,000 jobs last month. that would keep the monthly gain at 200,000 since last august. and they believe the jobless rate will slip a bit to 7.2%. that report comes in at 5:30. the port of san francisco selling commemorative bricks that will be used at the new waterfront park at pier 27. bricks will line the parks walkway. a neighborhood activist says brick sales will help pay off the city's debt from hosting the america's cup races as well as the administrative cost to set up the brick program. >> very deceptive the way it is marketed. we want to make sure people have the facts. >> its money that is coming back to the port to help us with infrastructure costs that were put out. >> the park is scheduled to open late next year. >>> today apple launches its i beacon service to help you find your way around the store. it sends messages to users on their iphones. the information is based on where you are inside the store.
. >>> economists expected to show the economy is starting to move ahead again. survey shows many believe that the report will say employers added 180,000 jobs last month. that would keep the monthly gain at 200,000 since last august. and they believe the jobless rate will slip a bit to 7.2%. that report comes in at 5:30. the port of san francisco selling commemorative bricks that will be used at the new waterfront park at pier 27. bricks will line the parks walkway. a neighborhood...
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Dec 5, 2013
12/13
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ALJAZAM
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but the economy is growing. however almost all of the money that's being made is going to the very rich. since 2009 the income of the top 1% grew by 31%. money is being made, but only for about a million and a half people here. yet for everyone else, 99% of the population, their salaries have barely moved in four years, less than 1%. the richest are taking home the most since the 1920s. why? some suggest years of tax cuts for the wealthy, the growth of the finance and technology companies, led to wall street fat cats and techies. computers and robots have taken a lot of the jobs since the 1970s. the minimum wage is $7.25 an hour. president obama has suggested to bump it up to about $10 an hour. one study suggests the minimum wage should be really closer to $22 an hour. overall improvements in the economy are not being felt by most people which concerns the president who worries the american dream of working to a better life may be turning to just that: a dream. >> jonlt, thank you. the struggling economy has som
but the economy is growing. however almost all of the money that's being made is going to the very rich. since 2009 the income of the top 1% grew by 31%. money is being made, but only for about a million and a half people here. yet for everyone else, 99% of the population, their salaries have barely moved in four years, less than 1%. the richest are taking home the most since the 1920s. why? some suggest years of tax cuts for the wealthy, the growth of the finance and technology companies, led...
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Dec 5, 2013
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. >> the city an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, st
. >> the city an economy are blooming for people with access to greater education, more experience in high-tech industry, and not necessarily people who are in our neighborhoods. >> reporter: gabriel metcalf of the san francisco planning and research association understands the apprehension. >> people are really afraid especially renters like me if you lose your apartment, you have to move out of the city most likely. >> reporter: speaking of moving, st
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Dec 8, 2013
12/13
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obama's leadership is focus on what most people's priority is which is creating jobs and getting the economy to turn around and long-term issues and get a handle on the safety net programs like social security and medicare. that is the appropriate role for the government and i think most americans agree. which is why they reelected president obama. >> do you think richard's concern? he feels it is being put on him. is that a fair concern? >> i really don't. in this case, accusations like he unfortunately chose to do isn't constructive. i wish folks like him would step back, listen and engage in dialogue and understand the other side's point of view. when you here talk like his, it is evident he is watching fox news and gets the information mostly from right-wing conservative sources and isn't open to other points of view. and that is why i wrote the book. hopefully someone finds a way to see we have to try to work together and not dig in so hard and accept everything we hear from one side or another. >> putting on your political hat for a moment. the rollout of the health care website: has i
obama's leadership is focus on what most people's priority is which is creating jobs and getting the economy to turn around and long-term issues and get a handle on the safety net programs like social security and medicare. that is the appropriate role for the government and i think most americans agree. which is why they reelected president obama. >> do you think richard's concern? he feels it is being put on him. is that a fair concern? >> i really don't. in this case, accusations...
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Dec 7, 2013
12/13
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we got to put more money into the economy. the infrastructure jobs are fine. the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite the opposite, laying people off and keeping them below full time until this obama care problem is solved. >> i'm going to give you a moment to respond there. let me jump in there. where rick leaves off. of course we know a steady climb in employment is better than being stagnant. apart from what rick is considering obama care as a blocker, what would you say are some of the blockers that are preventing more robust job growth to the point where we have that happy days are here feeling that permeates the air? >> i don't think obama care is the thing that is doing it becaus
we got to put more money into the economy. the infrastructure jobs are fine. the way to get it working again is to lower taxes. increase domestic energy production and that policy could really be revamped. it's really a shame. workers are poised to create a lot of new jobs. they have the capital to do so. the number one reason they're not doing it is because of the obama care mess. they'll have a wait and see attitude, see if they'll add workers full time or hire new workers and actually quite...
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Dec 9, 2013
12/13
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economy could outperform it might be 2014. i think we should say, governor that it almost has to be 2014. we need to see that priming of the purpose, whatever you want to call it really broaden out to disposable income gains. >> i think that's true. i think bernanke has done an incredible job when you see what's happening in europe to have the chairman of the fed, very fortuitous. i don't begrudge the fact we picked up on the wrong people that didn't need it and got the money -- >> people will say, the wrong people. >> well the people who didn't need it got the money. >> right. >> because i think what he was trying to do is avoid what happened in japan, which is an inflationary crisis. the problem now is challenge, how do you figure how do you get the rest of the 90%? it's much tougher problem than people think because the real problem is housing. if you look at the housing market, the same people that owned the housing market have not come back and a whole lot less people in houses -- >> if the president came to you today and
economy could outperform it might be 2014. i think we should say, governor that it almost has to be 2014. we need to see that priming of the purpose, whatever you want to call it really broaden out to disposable income gains. >> i think that's true. i think bernanke has done an incredible job when you see what's happening in europe to have the chairman of the fed, very fortuitous. i don't begrudge the fact we picked up on the wrong people that didn't need it and got the money -- >>...
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Dec 6, 2013
12/13
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KRON
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economy. finally we are starting to see it accelerate. they hit a five- year low dropping from 7.3 to 7%. there were a lot of jobs that were created and month of november and the october numbers or revised. the good news is that dow futures are rebound in bread dow futures are now up 144. look for a big jump on wall street. >> our top story. day three of freezing temperatures in the bay area. >> take a look, we are still setting stringent conditions. the scene sampras's go is at 43 degrees but that may not seem cold but we have actually tied an old record set 104 years ago. it hasn't been this cold and over a century. it is very chilly conditions but we will continue with this cool down. we will have impossibility of rain pripet will see it spread we are saying 20's and--38 degrees in daly city and san francisco was a 40 degrees. we are tracking a call from the combined rain, snow to the area i will break down that portion of the forecast coming up. >> let's go outside to kron four's yoli aceves. she's in livermore this morning, yoli? >>
economy. finally we are starting to see it accelerate. they hit a five- year low dropping from 7.3 to 7%. there were a lot of jobs that were created and month of november and the october numbers or revised. the good news is that dow futures are rebound in bread dow futures are now up 144. look for a big jump on wall street. >> our top story. day three of freezing temperatures in the bay area. >> take a look, we are still setting stringent conditions. the scene sampras's go is at 43...
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Dec 4, 2013
12/13
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CNNW
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the economy didn't always work for everyone. racial discrimination locked millions out of the of poverty -- or out of opportunity. women railroad too often confined to a handful of poorly paid professions. and it was only try pain staking struggles that they began to win the right to -- >> and as the president continues his address live in washington, d.c., we'll watch those remarks. we'll have a full wrap-up of all of the key points being made today. and wolf blitser always has a full wrap up on his program as well. >>> in the meantime, what a story. his wife as blujenned to death in the home right in front of his three-year-old son. and he was made the only suspect in the case. he was convicted and sentenced to a life in prison. here is the worst part. he did not do it. dna evidence exonerated him. and he and his attorney is going to join me live to talk about this, coming up next. so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know,
the economy didn't always work for everyone. racial discrimination locked millions out of the of poverty -- or out of opportunity. women railroad too often confined to a handful of poorly paid professions. and it was only try pain staking struggles that they began to win the right to -- >> and as the president continues his address live in washington, d.c., we'll watch those remarks. we'll have a full wrap-up of all of the key points being made today. and wolf blitser always has a full...
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Dec 9, 2013
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economy is finally healing. and it could prove to be an important issue, of course for democrats next year despite the rocky rollout of healthcare.gov. our first read team puts it this way, six months from now vulnerable democratic senators and gop governors could have a positive message to tell next year to constituents that backed up by the facts the economy is getting better and better each month. joining me live now, nbc news senior political editor mark murray and clair voiant because we're looking how this is playing out. it is intriguing to see what will help those who are perhaps in a lot of trouble. >> it is pretty clear when you're looking ahead to the 2014 midterm, so much analysis and thought has been talked about the president's health care law or republicans shut down back in october. not a lot of attention has been paid to the economy. when you look at the story of the economy over the past year, even over the past 24 months, things are getting much better. it isn't out of the realm of possibility
economy is finally healing. and it could prove to be an important issue, of course for democrats next year despite the rocky rollout of healthcare.gov. our first read team puts it this way, six months from now vulnerable democratic senators and gop governors could have a positive message to tell next year to constituents that backed up by the facts the economy is getting better and better each month. joining me live now, nbc news senior political editor mark murray and clair voiant because...
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Dec 6, 2013
12/13
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WUSA
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but what kind of jobs is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. the south african government announced today that the state funeral for former president nelson mandela will be a week from sunday-- the culmination of days of memorial services. president obama will lead the u.s. delegation and he's invited the former american presidents to join him. mourners continued to gather today at mandela's home in johannrg died last night and at his former home in soweto. and for us, no one image captured his legacy better than this-- blacks and whites
but what kind of jobs is the economy creating? an ice storm causes havoc in the middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched. captioning sponsored...
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Dec 3, 2013
12/13
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now, the "wall street journal" is reporting the sluggish economy, historically low interest rates and tougher regulations have all taken their toll on the sector. the fdic says the decline from a peak of more than 18,000 has come almost entirely from smaller banks. most left the industry between 1984 and 2011 as a result of mergers or failures. the drop comes as total bank deposits have grown to $9.6 trillion this year. >>> well, it turns out, the cloud isn't free, at least not anymore. "the new york times" reports google will announce today pricing plans for companies, big and small, that use its servers for web processing and online data storage. amazon dominates the cloud business with big customers such as netflix, but google has been gaining with a client list that includes the popular social media site snapchat. >>> flat-screen tvs and ipads are nice. brian, i wanted to get back to you to talk about our favorite retail yes, walmart. sorry about that. >> yeah, no, listen, we saw the fights at the walmart on black friday, so -- >> oh, it's amazing. >> the most popular black friday
now, the "wall street journal" is reporting the sluggish economy, historically low interest rates and tougher regulations have all taken their toll on the sector. the fdic says the decline from a peak of more than 18,000 has come almost entirely from smaller banks. most left the industry between 1984 and 2011 as a result of mergers or failures. the drop comes as total bank deposits have grown to $9.6 trillion this year. >>> well, it turns out, the cloud isn't free, at least...
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the economy is doing well. bad news for the economy is good news for stocks because that means we will get more qe. stocks for the next six months are a pretty good upside. historically after we come off of it. like we have been through in 2013 with 25 to 30% gain in equities, the first quarter is five to 10% of appreciation because of the momentum carrying us on. we are pretty safe place here for equities for the first two quarters of next year. dagen: what are people doing with their money? particularly in terms of the fixed income fund. >> we have seen some money go out, particularly relative to stocks, what is interesting as we are still getting money in the money market fund. our taxable money market fund, a whopping 0.01%, the fund is there the all-time highs meeting people are still scared. >> we're still growing, we are seeing big inflows into the floating rate funds, we are committed to sticking out the cycles, so we're not having a problem with flows that the others are. dagen: i wanted to bring up so
the economy is doing well. bad news for the economy is good news for stocks because that means we will get more qe. stocks for the next six months are a pretty good upside. historically after we come off of it. like we have been through in 2013 with 25 to 30% gain in equities, the first quarter is five to 10% of appreciation because of the momentum carrying us on. we are pretty safe place here for equities for the first two quarters of next year. dagen: what are people doing with their money?...
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Dec 3, 2013
12/13
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CNNW
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 1020 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪ honestly ♪ i wanna see you be brave ♪ so when coverage really counts, count on nationwide insurance. because what's precious to you is precious to us. ♪ love, love is strange just another way we put members first. because we don't have shareholders. join the nation. ♪ baby... ♪ nationwide is on your side ♪ cortizone-10 has the strongest nonprescription itch medicine plus moisturizers to help heal skin fast. cor
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 1020 has 41 megapixels. so i can zoom way in even after i take the...
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Dec 8, 2013
12/13
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ALJAZAM
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the chinese investment will provide a life line for the battered ukraine can economy. $3 billion is being provided to bolster sevastopol's ports. twice that will be used to update crimean. >> trade between europe and china have to travel around the whole of europe. when this port is constructed ships can go straight across the black sea. the ukrainian company is sandwiched between its warships and russias, but has been building a profitable business exporting steel and grain. they've been battling recession in the world market and at home. the commercial director is optimistic about the future, despite the political turmoil in kiev. >> translation: as the grain and coal production grose in the future in you grain, we believe the investment in the port is necessary to match the trend in these sebbing tors. >> president viktor yanukovych has brought home an important prize. it sends a message to the european union and russia, that they are not the only players in this town. >> the chinese businessman made headlines with plans to build a $40 million canal in nicaragua. >> a car bomb attack o
the chinese investment will provide a life line for the battered ukraine can economy. $3 billion is being provided to bolster sevastopol's ports. twice that will be used to update crimean. >> trade between europe and china have to travel around the whole of europe. when this port is constructed ships can go straight across the black sea. the ukrainian company is sandwiched between its warships and russias, but has been building a profitable business exporting steel and grain. they've been...
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Dec 4, 2013
12/13
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is it because the sanctions were biting deeply into the economy or from a political perspective the ar art you are genuine in sg a new chapter. >> in iran we have political elections an an popular and popr elections. >> they chose a different path this time around. and that election provided a historic opportunity to us and to the west in order to atry tro address us. you. we are not talking about sanctions. when sanctions started iran had less than 200 centrifuges and the note product has been 1880 centrifuges that has been added to iran's stock of centrifuges so sanctions have utterly failed in that regard. it seems to me that the west is trying to take advantage of the historic opportunity. we have a new government and a different approach to foreign policy. our tenants of foreign policy have not changed we insist on our rice rite an rights and we t negotiate. this can be achieved best through construction gea negotiation. >> first of all, what has happened, nick, since this deal was made and are there signs of how this is going to work? >> yeah, john, i think their initial reaction
is it because the sanctions were biting deeply into the economy or from a political perspective the ar art you are genuine in sg a new chapter. >> in iran we have political elections an an popular and popr elections. >> they chose a different path this time around. and that election provided a historic opportunity to us and to the west in order to atry tro address us. you. we are not talking about sanctions. when sanctions started iran had less than 200 centrifuges and the note...
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Dec 7, 2013
12/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than 2,000 american service members. the attack brought the u.s. into world war two. >>> president obama is having a hard time explaining a meeting with controversial relative. for some time the white house has said the president never met with a kenyan uncle who was in the united states illegally. but now it has a new version of what happened. here's cnn's brian todd. >> reporter: fredericka, which is at an uncle of the president who has gone through some legal problems with immigration and other things. and it's about an impression the white house has given that it's keeping this uncle at
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than...
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Dec 6, 2013
12/13
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the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more than 2 million jobs on track to be created the best since 2005. it has been pretty in israble since the recession and the bubble burst and to say you're going to have jobs growth, on track for jobs growth, the best since 2005 is significant. you want it see these numbers, 200,000 a month and more and want to see it continue. the unemployment rate going down to 7%, wolf, the white house acknowledges that one of the big reasons, the big reason why it went down to 7% is because people newly unemployed were having an easier time finding a job. th
the economy added 203,000 jobs last month. that's 20,000 more than many of those economists had predicted. another surprise, the unemployment rate fell to 7% from the 7.3% a month earlier. that happens to be a five-year local and a real sign the economic recovery may be gaining some momentum. our christine romans is in new york watching all of these numbers for us. how significant are they, christine? >> it's significant, wolf. now you've got a trend in place for the year, you've got more...
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Dec 9, 2013
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and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to avoid a government shut down or default in our debt. >> reporter: all right joe watkins former aid to president george hw bush and live from philadelphia thank you. they will end with victories and today is a two-week year-end session to tackle bills and nominees and talking about patricia millet on the d.c. circuit of appeals and the first to come up since the filibuster rule was changed and five other nominations are before the senate including janet yellen to lead the federal reserve and jay johnson to head homeland security. one senator is looking to keep police from tapping her phones, last year cell
and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to...
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economy will global economy continues to grow. cheryl: they can't cut any more. and productivity. >> you will start seeing revenue increases, and the economy as a whole, earnings by cutting and creating more. and increase third quarter gdp is an anomaly, and as a whole you take that and say things wwll get better, more products gets old and services rendered in 2014. cheryl: the bigger question for the markets, we are down a few points. and to make that -- >> a string of economic data don't have a string, one or two data points at best. today's data there's a caveat for each of those points, and because of the thanksgiving holiday associated with that. we are far away from actual tapering, december and january, the problem in january a transition period. and it is where it goes. >> march bite be a little early. they want to telegraph any move, the biggest fool is forward guidance. so you see them talk about capering and talk about capering more and more before they do it so i would expect them to have three or four different fomc minutes, increased likelihood of
economy will global economy continues to grow. cheryl: they can't cut any more. and productivity. >> you will start seeing revenue increases, and the economy as a whole, earnings by cutting and creating more. and increase third quarter gdp is an anomaly, and as a whole you take that and say things wwll get better, more products gets old and services rendered in 2014. cheryl: the bigger question for the markets, we are down a few points. and to make that -- >> a string of economic...
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Dec 6, 2013
12/13
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the economy added more than 200,000 jobs in november. it's at its lowest point in five years. >>> heavy wind is battering the southwest and it does not seem to be slowing down. sweeping across arkansas and western kentucky, and that rough, rough weather is heading east. in south africa the long good buy to nelson mandela gets under way tuesday. mandela's body will lie instate in the capitol for three days starting wednesday. he will be burredy december 15th after a state funeral. we're in johannesburg, how are people reacting there now? i think i can hear a bit behind you. 24 hours since the news of mandela's death broke around the world. [♪ music ] >> reporter: listen to that. people have been doing this all day, singing and dances, people here are celebrating his life. that's why they've come out in numbers. children who are eight and ten years old are saying we really don't know nelson mandela. we don't know what kind of man he was. but when they come here and see all the support, they say wow, he is a great man. we want to find mor
the economy added more than 200,000 jobs in november. it's at its lowest point in five years. >>> heavy wind is battering the southwest and it does not seem to be slowing down. sweeping across arkansas and western kentucky, and that rough, rough weather is heading east. in south africa the long good buy to nelson mandela gets under way tuesday. mandela's body will lie instate in the capitol for three days starting wednesday. he will be burredy december 15th after a state funeral. we're...
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Dec 5, 2013
12/13
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CNBC
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david, what does this say about the economies and the taper, if that happens, over the past week or so? obviously it's been a great year, but the past five days have been not so great. what's the market telling you? >> well, this is really consistent with the consolidation and small pullbacks we've seen over the last few months. really we think this will be short-lived and we look forward to a year-end rally and another strong year in 2014. >> so what do you think the market is reacting to? just the fact that prices had run up so far and people want to get some money off the table and take some profits? is it, as joe was saying off camera, a taper tantrum or what. >> i think to call it a tantrum is a little strong. you're seeing markets just a couple percentage points off their highs. so this is more has to do with the market digesting the recent gains and also expecting some tapering in 2014. but we don't think it's going to be severe, and we think the market's going to increase with the taper, and it's a reflection, as joe said, in stronger economic growth looking forward. >> joe, do
david, what does this say about the economies and the taper, if that happens, over the past week or so? obviously it's been a great year, but the past five days have been not so great. what's the market telling you? >> well, this is really consistent with the consolidation and small pullbacks we've seen over the last few months. really we think this will be short-lived and we look forward to a year-end rally and another strong year in 2014. >> so what do you think the market is...
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Dec 9, 2013
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economy and right now with today's gain, 39th record close of the year. an average that is now on pace for 27% gain year to date. so not too shabby. meanwhile, the budget deadline is nearing and it's looking like any plan to attack the nation's debt is dead on arrival. everytime i have you here, you make a lot of sense. both sides, come on, guy, talk the talk and walk it, and they don't. what's the problem. >> it's interesting. they're actually beginning to hear us. you have a small budget agreement that is looming. >> what do you mean? >> very tiny. but they're understanding they cannot go back to the fiscal crisis. we cannot get ourselves in that position and they're feeling the pressure. >> so if they avoid that but they come through with no broad budget agreement on entitlements and kick that can down the road. for a guy looking at long-term getting our act together, get to to be disconcerting. >> absolutely is. we have to take small steps and hey have to demands of ourselves, not of them, but of our ourselves, don't accept the politics of blame and p
economy and right now with today's gain, 39th record close of the year. an average that is now on pace for 27% gain year to date. so not too shabby. meanwhile, the budget deadline is nearing and it's looking like any plan to attack the nation's debt is dead on arrival. everytime i have you here, you make a lot of sense. both sides, come on, guy, talk the talk and walk it, and they don't. what's the problem. >> it's interesting. they're actually beginning to hear us. you have a small...
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Dec 5, 2013
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making sure our economy works for every working american. that's why i ran for president. >> you know, i do think that this is the issue that sort of most motivates this president. how do you think his time in office will be judged in terms of what he's done to alleviate inequality? >> you know, so far his presidency has not been great for lower income folks. but he has time now. you know, part of that is the fed has helped wall street while main street has continued to suffer. the obama care bill has helped big pharma and insurance companies. and there hasn't been a lot of focus on closing looploopholes. i think this speech, if it does signal the beginning of a new, sustained focus for him, could be hopefully a turning point because we do need as a country moral leadership like the kind that the president could provide to focus on this problem, and it doesn't have to be a zero-sum game between left and right, democrat and republican. i have written a lot about how republicans have been terrible at even talking about the problem of poverty,
making sure our economy works for every working american. that's why i ran for president. >> you know, i do think that this is the issue that sort of most motivates this president. how do you think his time in office will be judged in terms of what he's done to alleviate inequality? >> you know, so far his presidency has not been great for lower income folks. but he has time now. you know, part of that is the fed has helped wall street while main street has continued to suffer. the...